14 Foolproof Ways to Lower Your Living Expenses
Want that great deal for upgraded Internet and all the move channels? What's another $23 a month? Problem is, before you know it you're sinking in bills and your monthly payments have become a burden. Here are 14 ways to lower your monthly nut and get back to stress-free living.
New Disclosure Rules Impact Condominiums
Residential real estate has changed as of this month. There are new contract forms for Maryland and the District, and the new mortgage disclosure rules issued by the Consumer Financial Protection Bureau are now in effect. And there even is new terminology. A lender is now a creditor and the borrower/buyer is a consumer. The initial Truth in Lending statement and Good Faith Estimate we have used for a number of years has been replaced with the Loan Estimate. And the old-faithful HUD-1 (the settlement statement) has been discarded in favor of a "Closing Disclosure".
Trelora tells buyers to ditch agents and keep their commissionsAn upstart, low-fee Colorado brokerage that is trying to blow up the way agents get paid has announced it'll support traditional commissions — even as it also offers incentives for buyers to ditch their agents altogether....Read More
Opendoor is using a $1,000 credit to nudge buyers toward its partner agents and homesThe startup is now offering a more prominent $1,000 credit for buyers who choose to purchase one of the homes Opendoor has for sale, whether they do so directly on their own or by using one of Opendoor's "partner agents."...Read More
CertifID will now cover up to $1M in wire fraud protectionCertifID, a company providing security and authentication software, just raised its customer guarantee to cover up to $1 million in losses....Read More
How to work better with international clientsThe key to working with international clients is understanding the cultures of their home countries. Getting it right pleases your clients and can open a floodgate of referrals. ...Read More
Trump admin proposes new tax-break rules for developersThe Trump Administration proposed new guidelines Friday that would create tax incentives for developers to build in so-called “Opportunity Zones.”...Read More
NAR warns government may crack down on real estate teamsThe trade group warned that as teams become more ubiquitous, they will attract the attention of regulators. Already, 24 states have laws in place regarding real estate teams, NAR said....Read More
Luxury Connect: The biggest news and takeawaysThe industry's top agents descended on Los Angeles this week from all corners of the globe to network, make new connections and hear advice on how to take their business to the next level....Read More
$10M Houston mansion most expensive foreclosed home in USA Houston mansion with nine bathrooms and 15,000 square feet of space is now the country's most expensive foreclosed property, clocking in at $9.75 million....Read More
Fair lending policy director to be investigated for racial blog postsNow that Eric Blankenstein's old blog post has come to light, the CFPB has asked an independent group to investigate its top enforcement director....Read More
In Pictures: Luxury Connect’s Luxury BashHeld on the rooftop of the beautiful Beverly Wilshire Hotel in Beverly Hills, Luxury Connect's attendees mingled, networked and relaxed together on Wednesday night after a day of learning, exclusive activities and inspiration. Sponsored by Sotheby's International Realty, it was a wonderful evening to cap a great day. ...Read More